Commodities
- UBS Principal Capital Asia sells shares worth Rs 150 cr in Axis Bank
- Radio Mirchi posts Q1 results: Reports revenue of Rs 37 crore as radio industry suffers from Covid-19 blow
- Balrampur Chini Q1 results: Profit rises 32% to Rs 139 cr
- Bata India Q1 results: Net loss at Rs 101 cr as sales hit by lockdown
- Amara Raja Batteries Q1 results: Net profit falls 56% to Rs 62.49 cr
- CDSL gets UIDAI nod for e-KYC Aadhaar authentication
- Aditya Birla Capital Q1 results: Profit down 27% at Rs 198 cr
- Birla Corporation Q1 results: Net profit falls 53% to Rs 66 crore
- Genpact June qtr results: Profit dips 16% to $62 mn
Oil & Energy
MCX
Oil prices struggle to hold five-month high amid pandemic worries
U.S. West Texas Intermediate (WTI) crude futures were down 3 cents, or 0.1%, at $42.16 a barrel at 0148 GMT, while Brent crude futures rose 6 cents to $45.23.
Energy Efficiency Services Ltd cancels smart meters order to Chinese firm
State-run Energy Efficiency Services Ltd (EESL) has cancelled Rs 500 crore contract placed on a China-backed PT Hexing as it failed to comply with the local content norms.
Buy Indian Oil Corporation, target price Rs 110: Emkay Global
Indian Oil Corporation Ltd., incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 82279.75 Crore) operating in Gas & Petroleum sector.
Oil prices toppled from rising streak as jump in COVID-19 cases stokes fuel demand fears
West Texas Intermediate oil was down 17 cents, or 0.4%, at $41.53 a barrel. The contract ended Tuesday trading 1.7% higher, its highest close since late July.
Oil giant BP reports $16.8 billion quarterly loss as pandemic ravages demand
BP plunged into a net loss of $16.8 billion in the second quarter, the British oil giant announced Tuesday, as the coronavirus pandemic ravaged demand for oil, sending prices tumbling.
Oil prices drop on fuel demand worries as coronavirus flares up
Denting fuel demand, cities from Manila to Melbourne are tightening lockdowns to battle new infections, while Norway has stopped cruise ship traffic in the latest European travel alarm.
JSW Energy pulls the plug on thermal asset expansion, focus on green energy now
The company has a stated plan of scaling up its capacity to 10 gigawatts in the next 3-5 years from 4,559 mw now. While the capacity addition plan does not change, the company will now focus on renewable energy projects to add renewable energy projects.
Buy Indian Oil Corporation, target price Rs 145: Motilal Oswal
Indian Oil Corporation Ltd., incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 81667.83 Crore) operating in Gas & Petroleum sector.
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